Mumbai Lower Parel land redevelopment project worth ₹1,348 crore attracts top builders as the municipal body finalizes the appointment of a new developer.

Mumbai's real estate landscape is shifting towards vertical expansion, with ultra-luxury residences above the 60th floor commanding significant premiums. This trend is fueled by high-net-worth individuals seeking exclusivity, advanced amenities, and unparalleled views in key micro-markets.

Lodha Developers inks a ₹364.80 crore joint development deal for 10.26 acres in Mumbai’s Parel-Sewri area, with a 63:37 revenue share model and ₹125 crore refundable deposit structure.

L&T Realty has acquired a prime 1.34-acre land parcel in Mumbai's Lower Parel-Elphinstone Road corridor for ₹448.6 crore, planning to develop a 28-storey premium commercial tower with approximately 3.92 lakh sq ft of Grade-A office space.

A prime railway land parcel in Mumbai’s Parel area has received a ₹1,368 crore redevelopment bid. Here’s a full breakdown of the proposal, financials, and what it means for the city’s real estate landscape.

Maharashtra has approved additional FSI incentives for redevelopment of aging chawls and buildings on Mumbai's historic mill lands, aiming to unlock hundreds of stalled projects across Parel, Lower Parel, and Girangaon through amendments to DCPR 2034.

Mumbai prepares to auction plots for its third Central Business District in Wadala, triggering property price appreciation and corporate interest in the well-connected eastern corridor poised to complement BKC and Lower Parel.

Rail Land Development Authority announces ambitious plan to lease 25 acres of premium Mumbai railway land across Bandra, Mahalaxmi, and Parel, targeting ₹8,000 crore revenue through strategic 99-year lease arrangements.

RLDA announces ambitious plan to lease 25 acres across four prime Mumbai locations including Bandra, Mahalaxmi, and Parel, targeting ₹8,000 crore revenue through 99-year lease agreements.

Nippon Life India Asset Management has acquired two premium floors in Mumbai's One Lodha Place, Lower Parel, for ₹486 crore, marking a landmark deal in the city’s prime real estate market.